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Property profile & analytics
OFF-MARKET
Estimated value
$1,325,000
Hotels
245 Airport Blvd South San Francisco, CA 94080-6703
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US10-3240617
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1962
Construction
WOOD
Total area
123,967 SF
Lot
6 ac (261,361 SF)
Zoning code
MH0M2H
APN
015-124-010
UPID
US10-3240617
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Park Pointe Hotel Hotel & Motel
-
King Sun Buffet Restaurant Buffet
-
Comida buena Restaurant
-
CitiGarden Hotel Hotel & Motel
-
Catalina Agosto cleaning service Social Service Agency Community Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.10M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.55M
Blend (final)
Blend
$1.33M
Owner & transaction history
Sfo Good Nite Inn LLC · 3 yrs held
Sfo Good Nite Inn LLC
since 2022
7 recorded transactions
Zoning & alternative use
MH0M2H · South San Francisco, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs South San Francisco submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs South San Francisco submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$1,095,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.33M
Range $1.19M – $1.46M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$11 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$252,058
Tax year 2024
Assessed value
$12,906,008
Assessed 2024
Previous assessed
$12,906,008
+0.0% YoY
Effective rate
1.95%
On assessed value
Assessed land
$11,158,459
Assessed improvement
$1,747,549
Applied tax rate
13.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Hotels
Use group
HOTEL
Status
Off-Market
Year built
1962
Construction
WOOD
Heating
NONE
Stories
2
Units
323
Rooms
32
Total area
123,967 SF
Lot
6 ac (261,361 SF)
Zoning code
MH0M2H
APN
015-124-010
UPID
US10-3240617
Jurisdiction
SAN MATEO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
MH0M2H · South San Francisco, CA
Zoning MH0M2H · permitted uses
MH0M2H · South San Francisco, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
South San Francisco. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1962
Construction
WOOD
Heating
NONE
Stories
2
Units
323
Rooms
32
Lot
6 ac
Current owner
From public records · entity-resolved
Sfo Good Nite Inn LLC
Entity
Free & Clear · 3 yrs held
Mailing address
50 FREMONT PL, LOS ANGELES, CA 90005-3858
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 9, 2022
—
Sfo Good Nite Inn LLC
Sf0 Good Nite Inn LLC
Correction Deed
related
—
Jul 22, 2022
$749,000
Sfo Goodnite Inn LLC
James Ahn
Quit Claim Deed
related
—
Apr 28, 2014
$75,000
Sfo Good-nite Inn LLC
Sfo Good-nite Inn LLC
Grant Deed
related
—
Jan 13, 2009
—
Sfo Good-nite Inn LLC
—
Deed Of Trust
related
$2,000,000 · Wilshire State Bank
Mar 10, 2004
—
Sfo Good-nite Inn LLC
Good-nite Inn Investment LLC
Quit Claim Deed
related
$4,500,000 · Ching C Chen
Feb 26, 2002
—
Patriot American Hospitality
—
Deed Of Trust
related
$1,800,000,000 · Jpmorgan Chase Bank Trustee
—
—
Sfo Good-nite Inn LLC
—
Deed Of Trust
related
$5,900,000 · Hanmi Bank
—
—
Sfo Good-nite Inn LLC
—
Deed Of Trust
related
$4,800,000 · Wilshire State Bank
—
—
Sfo Good-nite Inn LLC
—
Deed Of Trust
related
$500,000 · Ching C Chen
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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